Almost 80 acres located in within Sault Ste. Marie. This amazing property presents a unique investment opportunity. Located at the end of Old Goulais Bay Rd, just north of 5th Line, this lot is easily accessible and offers tons of opportunities. The property is marked and can viewed from the almost 1300 feet of graded road. The OFSC (Ontario Federation of Snowmobile Clubs) currently has a trail which runs through the property, but future use would be at the discretion of the buyer. The current owner has recently signed an Option to Lease agreement with EDF Renewable Energies. This would allow EDF a 5 year option to investigate the possibilities of placing Wind Turbines on the property. EDF pays an annual lease at this time, and if and when EDF constructs turbines on the property, the land owner would be in a position to negotiate a return on the turbines performance. (id:42016)
MLS®:
SM242954
Lot Size
79.88 acres
Type
Land
County
Algoma District
Listed By
Joey Iachetta, Century 21 Choice Realty Inc. Brokerage
Source CREA - C21 Brokers Last checked Jun 14 2025 at 5:05 PM EDT
Disclaimer: The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 6/14/25 10:05
Description